Business
-
Zuckerberg bets big on short-video app Reels, metaverse
San Francisco: Betting big on metaverse and its short-video platform Reels, Mark Zuckerberg, Meta Founder and CEO, has taken a deep dive into his next investment priorities that will drive the growth…
-
WhatsApp giving cashback for making digital payments in India
New Delhi: Meta-owned WhatsApp has confirmed that it is running a cash-back campaign in India to drive more users on its digital payments service. The company is giving away Rs 11 cashback…
-
Global PC shipments down 4.3% in Q1 amid chip shortage
New Delhi: Global PC shipments fell 4.3 per cent (on-year) in the March quarter this year to reach 78.7 million units, a new report showed on Thursday. The Covid-19 lockdowns in China,…
-
Investors likely to lose up to $545 mn worth Bitcoin in 2022
New Delhi: Bitcoin investors are likely to lose up to $545 million this year, owing to various reasons like forgetting passwords to their wallets or making a mistake in recording their “seed…
-
Telangana all set to get biggest e-bus plant so far
Hyderabad: Olectra Greentech Limited, an electric bus (e-bus) manufacturer is all set to mark their presence in Telangana’s growing Electronic Vehicle (EV) industry. The company is set to establish the biggest e-bus…
-
Jack Dorsey to take home nearly $1 bn once Musk’s Twitter deal closes
New Delhi: Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musk’s Twitter takeover deal gets through. Dorsey holds 2.4 per cent or…
-
150 mn people across 40 countries using Google Pay: Sundar Pichai
New Delhi: Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company’s payments strategy is very similar to the strategy it has for commerce…
-
Tesla loses $125 bn in market value as Musk buys Twitter
San Francisco: With Elon Musk acquiring Twitter for $44 billion, the stock of his electric car company Tesla tanked, and at least $125 billion were wiped out from its market value over…
-
Musk has to manufacture here to sell Tesla cars in India: Gadkari
New Delhi: Elon Musk, who has just bought Twitter for $44 billion, will have to manufacture his Tesla cars in India, and not China, if he wants to come and sell the…
-
Global semiconductor sales to reach $676 bn this year: Gartner
New Delhi: Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6 per cent from 2021, a Gartner report said on Tuesday. Semiconductor revenue for smartphones is…
-
Reddit invests $1 mn in Community Funds programme
San Francisco: Online discussion forum Reddit has officially launched its Community Funds programme with a $1 million investment. Reddit said that it has been experimenting with ‘Community Funds’ to help Reddit community…
-
Strong competition coming Tesla way with budget segment electric cars
New Delhi: Within a couple of years, Tesla will face strong competition from traditional automakers like Volkswagen, Toyota and Stellantis, which released their ambitious vehicle electrification plans last year, a new report…
-
Elon Musk buys Twitter for $44bn, company to go private
San Francisco: Tesla CEO Elon Musk finally caught an elusive Twitter bird for $44 billion, as the company’s board decided to give in to his takeover bid with his “best and final” offer. …
-
Hyundai Motor’s profit up 17%, aims to sell 4.32 mn vehicles in 2022
Seoul: Hyundai Motor said on Monday that its first-quarter net profit rose 17 per cent from a year earlier as an improved product mix and a weak won helped offset the impact…
-
Twitter ‘inching closer’ to finalise $46.5 bn deal with Elon Musk
San Francisco: Despite internal disagreements, the Twitter board is reportedly inching towards finalising the hostile takeover deal worth $46.5 billion made by Tesla CEO Elon Musk, and an announcement can come as…
